News and Events Listing

Sappi is pleased to announce that all three of its manufacturing regions – Europe, North America and Southern Africa – have once again achieved the highest possible rating, Platinum, in the annual EcoVadis Corporate Social Responsibility (CSR) ratings.

When devastating floods hit KwaZulu-Natal (KZN) in April this year, there were many organisations that sprang into action – along with thousands of community-minded citizens they worked around the clock – to provide relief and sanctuary to all those who had been hardest hit.

Today we are all experiencing the serious impact of climate change. Sappi Europe, as a global company, is committed to pursuing a stringent decarbonisation plan to reduce detrimental effects on the environment. As part of its long-term global commitment to climate protection and sustainable production, the company has successfully converted many of its production sites to renewable energy.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “I am very proud of the excellent performance during the quarter particularly in light of the impact of Covid-19 in the last two years and the global economic turmoil. Tight global paper markets were the principal factor behind the quarter’s success and enabled the implementation of higher selling prices which offset extraordinary cost inflation. The Russian-Ukrainian conflict triggered renewed volatility in global commodity markets and further disrupted already constrained global supply chains, which intensified cost inflation across all regions and all product segments.”